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Evan Prodromou

Talking with a friend about our I had a big realization.

Gas prices fluctuate wildly, sometimes doubling in just a few weeks.

Electrical power is in many places a regulated utility, with a fixed rate agreed with a public utility board.

Electrification means much less instability in the economy based on oil prices. Less opportunity to make a killing, but also less opportunity to go broke overnight.

It's an advantage we don't often talk about.